Stone Point Capital Said to Seek Buyer for Automobile Protection

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Buyout firm Stone Point Capital LLC is seeking to sell car-warranty provider Automobile Protection Corp. for as much as $600 million, people with knowledge of the matter said.

Stone Point is working with Perella Weinberg Partners LP to find buyers for Auto Protection, which does business as APCO, said the people, who asked not to be identified because the matter isn’t public.